Friday, June 8, 2007

Czech Economy Expanded 6.1 Percent in First Quarter on Household Spending

(Bloomberg) -- The Czech economy expanded 6.1 percent
in the first three months of the year, the same pace as the
previous quarter, as consumers stepped up spending and warmer-
than-usual weather boosted construction and industrial output.

Growth in the $152 billion economy accelerated for the first
time in a year, the Prague-based statistics office said today,
though the pace of expansion was slower than the median estimate
of 6.3 made by 13 economists in a Bloomberg survey.


Read more at Bloomberg Emerging Markets News

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